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dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by reducing spend reforming entitlements over the long term. taxing the rich will make barely any difference . it is a political slogan. >> steve: right now the president wants to get reelected so he has the key to air force one. >> he thinks that if you tax the rich that brings in votes. >> steve: we are talking about increasing the taxes on the rich. what people forget about. taxes for everyone are scheduled to go up next year. >> yes, they will. >> steve: everybody is going to get whacked. >> if you made a list of all of the ta
dollar deficit. it brings in 8divide million from the rich and you still have 913 billion of red ink . and you can crazy and trash the millionaires and take every red cent they earn . every millionaire will have the entire income confiscated. you trash the institution and confiscate the red cent and you bring in 839 billion. >> steve: you are way short. >> brian: we are short a trillion every year. >> you don't have a taxing problem. this is a spending problem. it is solved by...
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Sep 25, 2012
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but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in the "a" block from the obama campaign just now. we can say why do they do it that way? >> bob: oh, this one. sorry. >> kimberly: the interview, we don't have time to show the thought of it. but the biggest disappointment depends on the audience. if it's univision, it's immigration. if it's "60 minutes" it's i can't change the tone in washington. but this just in. first picture of president obama and mrs. obama in the taping of "the view" today. you got to love that. >> bob: nice picture. >> kimberly: coming up. did they have ambassador stevens on the hit list before he was killed in libya? the ambassador thought so.
but we added $5 trillion in new debt to the deficit. for every dollar we spent $3.5 or $4. of debt. the average spending is $7.5. we are borrowing $4. for every buck we spend. the solution, perfect -- for every dollar we are spending $7.5 bucks. >> bob: $5.5 is on taxes democrat is bad math. >> dana: today, david axelrod said president obama doesn't need a plan for that. >> bob: it's a mistake to say that, to say you don't have a plan. >> dana: there are four mistakes in...
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Sep 25, 2012
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he will bring the deficit down. he didn't. he doubled it. he is going to get more people working. he didn't. we still have over 8 percent unemployment. his plan is another stimulus. how did that first one go? how about $800 billion. how much did you get? it was "cash for clunkers", did you get help from that? no, no, his idea now, he has one new idea. i admit he has one thing he did not do in the first four years, he said he will do it in the next four years, which is to raise taxes. is there anyone who thinks that raising taxes will help grow the economy? no, his plan is continue what he has done before. status quo has not worked. we cannot afford four more years of president obama of the we will not have four more years of president obama. his plan and his approach says fundamentally that government knows better than you how to live your life, how to pick winners and losers, how to choose companies that can be successful and products that have a future. that a group of bureaucrats, real smart people, working hard -- they are good people who work in washington -- he has a view th
he will bring the deficit down. he didn't. he doubled it. he is going to get more people working. he didn't. we still have over 8 percent unemployment. his plan is another stimulus. how did that first one go? how about $800 billion. how much did you get? it was "cash for clunkers", did you get help from that? no, no, his idea now, he has one new idea. i admit he has one thing he did not do in the first four years, he said he will do it in the next four years, which is to raise taxes....
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Sep 25, 2012
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in fact, we didn't have even have a deficit. >> ill. >> bill: bill then when when we ran into trouble president bush lowered the cap gains and then we got out of trouble because more money came in. and led to the highest amount of federal tax revenue in history, juan. >> did we get out of trouble? >> bill: no, no. no. because we had the wars and we had the war on terror and all of that. but the facts are the facts. highest amount of tax revenue ever flowing into washington came under president bush when he lowered the capital gains tax. now, mary katharine, am i misguided here? am i misstating something here? >> no. i think you are right. i mean, barack obama is proposing through and he has through the buffet deal before that we should basically jack up the capital gains tax which would discourage investment. >> bill: you are disagreeing with juan. >> and furthermore barack obama was asked about this in a debate with hillary clinton in 2008 where the moderator said it has been shown tax revenue goes up when the capital gains rate is lower. isn't that something you would be okay with?
in fact, we didn't have even have a deficit. >> ill. >> bill: bill then when when we ran into trouble president bush lowered the cap gains and then we got out of trouble because more money came in. and led to the highest amount of federal tax revenue in history, juan. >> did we get out of trouble? >> bill: no, no. no. because we had the wars and we had the war on terror and all of that. but the facts are the facts. highest amount of tax revenue ever flowing into...
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Sep 25, 2012
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>> well, look, you're right the main focus is the economy, deficit, jobs prosperity, the affordable care act, these will dominate the landscape but i find this interesting. on 9/10, the day before this all happened, gallup was 50-44. excuse me this morning it is 48-46 in gallup. jon: 48% for the president and 46% for romney. >> in rasmussen was 48-45. now it is 47-46. there is a little bit of tightening. in august nbc "wall street journal" had the president's approval on foreign affairs is 54-40. the latest one is 49-46. the president has not come across as a strong leader on the world stage. he has come across as a politician. it was his own fault. imagine what happened on 9/12 i will not go to las vegas for campaign event. first time since 1979 an ambassador of the united states has been murdered i will sit down with intelligence agencies to meet and discuss what needs to be done to get back at jihadists and get people who did this and not only that, further damage the networks that brought that about. instead he got on airplane to give a rally at high school and collect a bunch of che
>> well, look, you're right the main focus is the economy, deficit, jobs prosperity, the affordable care act, these will dominate the landscape but i find this interesting. on 9/10, the day before this all happened, gallup was 50-44. excuse me this morning it is 48-46 in gallup. jon: 48% for the president and 46% for romney. >> in rasmussen was 48-45. now it is 47-46. there is a little bit of tightening. in august nbc "wall street journal" had the president's approval on...
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Sep 25, 2012
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actually listen together results from massachusetts where he took the state from an expected large deficit to a surplus where he encouraged job growth in the way government should by getting out of the way. the fact is when the president says we are going to put more people to work on infrastructure we know how that translates. we'll borrow money from china and hire people for short-term jobs that don't lead to something that's long term. even middle class voters are saying this does not give us a long-term win. exactly two weeks after four americans were brutally murdered in libya we'll speak with someone who served with the navy seals that died in that attack. we'll hear about this concern about the search to find their killers next. [ female announcer ] you want family dinner to be special. dad, we want pizza. you guys said tacos. [ female announcer ] it doesn't always work out that way. you know what? we're spending too much money on eating out anyway. honey, come look at this. [ female announcer ] my money map from wells fargo is a free online tool that helps you track your spending.
actually listen together results from massachusetts where he took the state from an expected large deficit to a surplus where he encouraged job growth in the way government should by getting out of the way. the fact is when the president says we are going to put more people to work on infrastructure we know how that translates. we'll borrow money from china and hire people for short-term jobs that don't lead to something that's long term. even middle class voters are saying this does not give...
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Sep 25, 2012
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getting done, the deficit exploding even further, and more czars and regulations from the white house. >> and let me tell you, ryan's not going to make one bit of difference in this race. >> sean: we'll see. 43 days to go. this is like our super bowl. thanks for being with us. greta is next to go on the record. we'll see you tomorrow night. >> greta: tonight a bump in the road. is that what president obama calls it? and now could that bump in the road turn into a major roadblock for president obama's campaign? republicans tearing into the president for downplaying the violence in the middle east. in a tv interview last night president obama referring to the recent outbreaks of anti-american violence as "bumps in the road." >> have recent events in the middle east given you any pause about your support for the governments that have come to power following the arab spring? >> well, i said even at the time that this is going to be a rocky path. the question presumes that somehow we could have stopped this wave of change. i think it was absolutely the right thing for us to do to align our
getting done, the deficit exploding even further, and more czars and regulations from the white house. >> and let me tell you, ryan's not going to make one bit of difference in this race. >> sean: we'll see. 43 days to go. this is like our super bowl. thanks for being with us. greta is next to go on the record. we'll see you tomorrow night. >> greta: tonight a bump in the road. is that what president obama calls it? and now could that bump in the road turn into a major...